Forex and Stocks Trading: Baby Bird Capital

Wondering how you can start earning interest on your savings? Or perhaps you do not have savings at all, but you want to start making money online? There are ten proven ways of making money online. Some involve investing some money, while others do not require any investment. What is passive income? Passive income is the money that you earn on your investments with little to no effort involved .  Passive income can prove to be valuable during tough times and it helps manage cashflows when you experience some financial challenges. How can you make money online? Table of contents Start forex trading Invest in stocks Become an affiliate marketer Become an online freelancer Create a website Invest in real estate Create a savings account 1. Start forex trading Forex trading involves the buying and selling of financial securties, that is, you buy one currency and sell another. It can be done online and it requires little to no investment (well, the capital required depends on the broker ...

The Fibonacci sequence is a sequence such that each number is a sum of two preceeding ones.  Fibonacci numbers play a role in determining the strength of the waves and their length. The fibonacci sequence helps us to obtain the fibonacci ratios by dividing one number in the sequence by the next number. For example, the Fibonacci sequence is 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144 etc. Hence dividing  34 by 55 (34/55) gives the fibonnacci ratio of 0.618. There are five types of Fibonacci trading tools. These are a rcs, fans, retracements, extensions and timezones. We are going to focus on the application of Fibonacci retracement levels to the Elliott wave. Fibonacci retracement levels are horizontal lines that can be used to draw support lines, identify resistance levels, identify levels for placing stop loss orders and target profit levels. They are used to dertermine critical points where price action is likely to reverse. The Fibonacci ratios are 23.6%, 38.2%, 50%, 61.8% a...